Home Depot (HD) Q4 Earnings & Sales Beat Estimates, Dip Y/Y

Home Depot Inc. (HD) has reported solid fourth-quarter fiscal 2023 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Meanwhile, the company’s sales and earnings per share declined year over year in the fourth quarter and fiscal 2023.HD noted that fiscal 2023 was a year of moderation. Nonetheless, the company is confident about its initiatives to strengthen the business. It has been on track with its investments to craft the best interconnected experience for customers, improv ...